<?xml version="1.0" encoding="US-ASCII"?>
<!-- Generated by Broadridge Transform (tm) - http://www.broadridge.com -->
<!-- Created: Mon Aug 31 21:23:17 UTC 2026 -->
<linkbase xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <loc xlink:type="locator" xlink:label="frof_CLORiskMember" xlink:href="frof-20260630.xsd#frof_CLORiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="frof_CLORiskMember_lbl" xml:lang="en-US">CLO Risk [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frof_CLORiskMember" xlink:to="frof_CLORiskMember_lbl"/>
    <loc xlink:type="locator" xlink:label="frof_LiquidityRiskMember" xlink:href="frof-20260630.xsd#frof_LiquidityRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="frof_LiquidityRiskMember_lbl" xml:lang="en-US">Liquidity Risk [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frof_LiquidityRiskMember" xlink:to="frof_LiquidityRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:label="frof_GlobalMarketsRiskMember" xlink:href="frof-20260630.xsd#frof_GlobalMarketsRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="frof_GlobalMarketsRiskMember_lbl" xml:lang="en-US">Global Markets Risk [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frof_GlobalMarketsRiskMember" xlink:to="frof_GlobalMarketsRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:label="us-gaap_CreditRiskMember" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_CreditRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CreditRiskMember_lbl" xml:lang="en-US">Credit Risk [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditRiskMember" xlink:to="us-gaap_CreditRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:label="frof_ValuationRiskMember" xlink:href="frof-20260630.xsd#frof_ValuationRiskMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="frof_ValuationRiskMember_lbl" xml:lang="en-US">Valuation Risk [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frof_ValuationRiskMember" xlink:to="frof_ValuationRiskMember_lbl"/>
    <loc xlink:type="locator" xlink:label="frof_InterestRateRisksMember" xlink:href="frof-20260630.xsd#frof_InterestRateRisksMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="frof_InterestRateRisksMember_lbl" xml:lang="en-US">Interest Rate Risk [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frof_InterestRateRisksMember" xlink:to="frof_InterestRateRisksMember_lbl"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frof_CLORiskMember_lbl0" xml:lang="en-US">CLORisk Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frof_CLORiskMember" xlink:to="frof_CLORiskMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CreditRiskMember_lbl0" xml:lang="en-US">Credit Risk [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditRiskMember" xlink:to="us-gaap_CreditRiskMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frof_GlobalMarketsRiskMember_lbl0" xml:lang="en-US">Global Markets Risk Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frof_GlobalMarketsRiskMember" xlink:to="frof_GlobalMarketsRiskMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frof_ValuationRiskMember_lbl0" xml:lang="en-US">Valuation Risk Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frof_ValuationRiskMember" xlink:to="frof_ValuationRiskMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frof_InterestRateRisksMember_lbl0" xml:lang="en-US">Interest Rate Risks Member</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frof_InterestRateRisksMember" xlink:to="frof_InterestRateRisksMember_lbl0"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frof_LiquidityRiskMember_lbl0" xml:lang="en-US">Liquidity Risk Member</label>
<!-- [WMV7][Nu3emrHNfmiOxyglkKU1Gja5l1HXNmZQu4zhLmQJOIOdU2ArCMsMPZXe1HewEm7Bjzr1uFtFPGBtzfriUELHd80uHmKs7g+Ewlt/qC++wPHONbmMoeYn9TUdG/5ky0SeT1KOVXIKOc3J6eCHOHF5leN2ALlGiIPXq9kwblWQr+IS40P0go3F2Gpvc6TlCJy1xGM/4g58uzOqKn5Lv9VAj+9CR7/iLGqS7Joys287nz8dk32L8NKyxruKkFRhkCOlOHvADuo7jD1QTUasgh4lvf4f9dEKjWTIu9kZs/w85aER+iabJiWexGy4vaJji2pvxnwR4GtmL0ksa29NTt+HhgZ7xy2dwmYgz0Xt/UtWL+LZ5lLcP1FnUvimtAY=] CSR-->
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frof_LiquidityRiskMember" xlink:to="frof_LiquidityRiskMember_lbl0"/>
  </labelLink>
</linkbase>
